There Ought to be a Law

After 5 years as Broker/Owner of Pine Ridge Properties, I’m closing the doors.  I’ve been given a great opportunity to go work with some long-time friends at Pacific Crest Properties, here in Truckee.  We get to share some things, and help each other get to the “other side”.  I don’t think it’s a surprise that the last 3 years have been a real challenge for most of us in the real estate field, so a change like this will be good for all of us involved.

Which brings me to the point of this little post.  I’ve been in my current locale for exactly 5 years this month.  As my wife and kids helped me pack up some of my affairs today, it was a little daunting at just how much nonsense I had compiled here over this short time.  When we last moved our home, we had been in that house for exactly 5 years.  Again…the amount of stuff was overwhelming.  Maybe I’m kind of a pack-rat, but I don’t think so.  I come from the “disposable” generation.  I’ve honestly been more of a, “use it until something better comes along, and then throw the old one way type.” Where did all this crap come from?

My folks…they kept everything.  There’s a fiberglass boat on a trailer in my Dad’s yard that hasn’t ran in 25 years.  That’s not me.  I throw stuff away!  So how did I accumulate all this junk I forgot I had?

Now  I’m not super keen on government spending our money to tell us what we can and can’t do.  But here’s an idea.  What if there was a law that made every cell phone use the same battery and the same car charger.  I wouldn’t have had to throw three sets of them away, or look for a place to recycle them.  My industry is very wasteful.  I think it would be a great we didn’t have to generate literal mountains of paperwork for every transaction, just so we could try to mitigate our exposure by disclosing the obvious because somebody sued somebody else for something ridiculous.  If we ever meet in a transaction, I’ll have to make sure that you sign a ten page disclosure in where paragraph 16 advises that if the trees grow, you might lose your view.  Paragraph 18 informs that if you live near a golf course, there is a possibility that golf balls may damage your home, you or your pets.  LOOKOUT RUFUS!

Anyway, there at least ought to be a law the Bret Churchman has to act like he’s moving every two years.  That way I could throw away stuff that I forgot I had, and hopefully be a tad more cognisant about the nonsense I seem to collect.  For me, awareness is the first step.

Thanks for reading.  I’m sorry if you or your pets have been hit by an errant golf ball.  That probably hurt.

Second Quarter 2008 Land Sales

Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market
Donner Crest 1  $130,000.00  $ 130,000.00 132
Donner Lake 0  $               -    $               -   0
Donner Summit 2  $  63,000.00  $   63,000.00 18
Glenshire & Surrounding 1  $280,000.00  $ 280,000.00 519
Gray’s Crossing 4  $233,500.00  $ 230,000.00 102
Lahontan 1  $230,000.00  $ 230,000.00 56
Martiswoods – Ponderosa Ranchos 0  $               -    $               -   0
Northstar 1  $425,000.00  $ 425,000.00 340
Old Greenwood 0  $               -    $               -   0
Olympic Heights 0  $               -    $               -   0
Pine Forest 0  $               -    $               -   0
Pla Vada 0  $               -    $               -   0
Prosser Lakeview Estates 0  $               -    $               -   0
Russell Valley 0  $               -    $               -   0
Serene Lakes 0  $               -    $               -   0
Sierra Meadows – Ponderosa Palisades 0  $               -    $               -   0
Tahoe Donner 4  $292,500.00  $ 306,000.00 20
Timilick 1  $375,000.00  $ 375,000.00 27

First Quarter 2008 Single Family Residential Sales

Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market
Acreage Areas 4  $             798,333.00  $            750,000.00 191
Armstrong Tract 5  $             445,000.00  $            375,000.00 119
Donner Lake 1  $          2,050,000.00  $         2,050,000.00 241
Donner Summit 0  $                          -    $                         -   0
Downtown Truckee 1  $             326,000.00  $            326,000.00 8
Glenshire 9  $             591,888.00  $            515,000.00 142
Gray’s Crossing
Lahontan 4  $          2,335,000.00  $         1,845,000.00 339
Martiswoods – Ponderosa Ranchos 1  $             635,000.00  $            635,000.00 65
Northstar 2  $             762,000.00  $            762,000.00 122
Old Greenwood 3  $          2,026,667.00  $         2,185,000.00 227
Olympic Heights 1  $             369,000.00  $            369,000.00 173
Pine Forest 0  $                          -    $                         -   0
Pla Vada 0  $                          -    $                         -   0
Prosser Lakeview Estates 5  $             479,700.00  $            472,500.00 139
Russell Valley
Serene Lakes 1  $          1,700,000.00  $         1,700,000.00 39
Sierra Meadows – Ponderosa Palisades 2  $             460,000.00  $            460,000.00 114
Tahoe Donner 38  $             806,785.00  $            715,000.00 130

First Quarter 2008 Condominium Sales

Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market
Aspen Grove 0  $                          -    $                         -   0
Donner Lake Village 1  $             117,000.00  $            117,000.00 19
Donner Pines West 0  $                          -    $                         -   0
Gold Bend 0  $                          -    $                         -   0
Indian Hills 2  $             560,000.00  $            560,000.00 43
Northstar Highlands 1  $          3,545,000.00  $         3,545,000.00 1
Northstar Village 9  $          1,747,089.00  $         1,768,000.00 217
Pinyon Creek 1  $             875,000.00  $            875,000.00 370
Ponderosa Palisades Townhomes 0  $                          -    $                         -   0
SkiTrail 0  $                          -    $                         -   0
StoneRidge 0  $                          -    $                         -   0
Tahoe Donner 1  $             508,000.00  $            508,000.00 118
Tahoe Donner Golf 0  $                          -    $                         -   0
Tahoe Donner Lodge 0  $                          -    $                         -   0
Tahoe Donner Skibowl 0  $                          -    $                         -   0
The Boulders 1  $             420,000.00  $            420,000.00 63
Riverview Townhomes 2  $             429,000.00  $            429,000.00 66

First Quarter 2008 Land Sales

Truckee Area Number of Sales Average Sold Price Median Sold Price Average Days on Market
Donner Crest 0  $                         -    $                         -   0
Donner Lake 0  $                         -    $                         -   0
Donner Summit 0  $                         -    $                         -   0
Glenshire & Surrounding 1  $            225,000.00  $            225,000.00 490
Glenshire Acreage 5  $            355,400.00  $            370,000.00 71
Gray’s Crossing 25  $            304,400.00  $            305,000.00 124
Lahontan 2  $            302,500.00  $            302,500.00 274
Martiswoods – Ponderosa Ranchos 0  $                         -    $                         -   0
Northstar 0  $                         -    $                         -   0
Old Greenwood 0  $                         -    $                         -   0
Olympic Heights 0  $                         -    $                         -   0
Pine Forest 0  $                         -    $                         -   0
Pla Vada 0  $                         -    $                         -   0
Prosser Lakeview Estates 0  $                         -    $                         -   0
Russell Valley 0  $                         -    $                         -   0
Serene Lakes 2  $            231,250.00  $            231,250.00 90
Sierra Meadows – Ponderosa Palisades 0  $                         -    $                         -   0
Tahoe Donner 5  $            251,400.00  $            220,000.00 253
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